Progress Software
PRGS
346 hedge funds and large institutions have $3.13B invested in Progress Software in 2025 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 112 increasing their positions, 120 reducing their positions, and 27 closing their positions.
141% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 27
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
23% more capital invested
Capital invested by funds: $2.55B → $3.13B (+$581M)
11% more funds holding
Funds holding: 313 → 346 (+33)
0.47% less ownership
Funds ownership: 114.85% → 114.38% (-0.47%)
7% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 120
61% less call options, than puts
Call options by funds: $25.6M | Put options by funds: $66.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.5M |
| 2 |
SLAM
Swiss Life Asset Management
Zurich,
|
+$12M |
| 3 |
MMA
Mizuho Markets Americas
New York
|
+$11.4M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$10.5M |
| 5 |
Goldman Sachs
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.5M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$16.2M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$15.5M |
| 4 |
BlackRock
New York
|
-$15.4M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$14.5M |
PRGS Hedge Fund Activity: Q2 2025 in Review
346 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q2 2025, worth a combined $3.13B — up 23% from $2.55B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new PRGS positions and 27 closed out — a net gain of 38 holders — while 112 added to existing stakes and 120 trimmed.
The largest buyer was Millennium Management, adding an estimated $14.5M. The largest seller was Wellington Management Group, cutting an estimated $16.5M.
- 346 institutional investors held Progress Software (PRGS) as of Q2 2025, up from 313 in Q1 2025.
- Funds reported $3.13B of Progress Software stock for Q2 2025, up 23% quarter-over-quarter.
- 65 funds opened new Progress Software positions in Q2 2025 and 27 closed out, a net change of +38 holders.
- The largest Progress Software buyer in Q2 2025 was Millennium Management, an estimated $14.5M added.
- The largest Progress Software seller in Q2 2025 was Wellington Management Group, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2025.